Replies to post #159990 on Iconic Brands Inc (ICNB)

[Whiplash_Investor]

Makes sense. If it continues to grow, he won’t roll it in until he can charge shareholders the most for it. Good observation.

The counter is also there, his rolling it in soon may be the signal for the end is near. Just can’t seem to win with this guy.

[Joseph Knecht]

Do we know for a fact that Richard DeCicco owns the remaining 49 percent of Bellissima Spirits, LLC? I have not been able to determine that.

We know that "On December 13, 2016, Iconic entered into a Securities Purchase Agreement with Bellissima Spirits LLC" and that "Prior to December 13, 2016, Bellissima was controlled by Richard DeCicco, the controlling shareholder, president, CEO and Director of Iconic." But do DeCicco and Faltings now own the remaining 49%? Did they ever?

Friday Night Inc. (TGIFF) claims to own eight percent of both Bellissima and BiVi (with options to purchase up to 15 percent of both), but I have never seen this addressed in an ICNB p.r. or filing.

And how about CB? Does she own any shares of Bellissima or ICNB? If she does, one would think that DeCicco would have trumpeted that for all to hear.

It all seems needlessly clandestine. Tell us who owns what for crying out loud.